Flow of Accounts into Financial Statements

The balances for the accounts that follow appear in the Adjusted Trial Balance columns of the end-of-period spreadsheet. Indicate whether each account would flow into the income statement, retained earnings statement, or balance sheet.

1. Accounts Receivable

2. Depreciation ExpenseEquipment

3. Retained Earnings

4. Office Equipment

5. Rent Revenue

6. Supplies Expense

7. Unearned Revenue

8. Wages Payable